Moscow Seed Fund has invested in a young technology company City from the window.
Business angel Alexey Prudnikov became the co-investor. Moscow Seed Fund invested almost $300K in the development and promotion of the project.
The company’s product Probki iz okna (Traffic jams from the window, www.probkiizokna.ru) is a system for video monitoring of urban environment carried out by townspeople themselves. The main advantage of the product is its wide coverage and accessibility for a large number of users through a high-tech video signal processing system. Our project is a unique platform for the video monitoring of urban environment. We plan to significantly expand its coverage and create services based on our content for citizens and businesses together with our partners and by ourselves, - Alexey Prudnikov says.
Traffic jams is a problem facing nearly every Moscow resident. Solving this problem is very important to improve the standard of living in Moscow. I hope that this service will make lives of many Muscovites easier, Alexey Kostrov says, the executive director of Moscow Seed Fund.